SISU boss attends meeting

Sisu boss Joy Seppala was among those meeting in Westminster today to discuss the future of Coventry City Football Club.

The key players in the Ricoh Arena row were called to the face-to-face meeting by the Secretary of State for Digital, Culture, Media and Sport, Jeremy Wright.

As well as Ms Seppala making the trip to London, she was joined by the football club's chairman Tim Fisher and chief executive Dave Boddy, Nick Eastwood from Wasps RFC and Julie Newman from Coventry City Council.

EFL bosses Shaun Harvey and John Nagle were also at today's meeting, as were local MPs, West Midlands Mayor Andy Street and Mark McCafferty of Premiership Rugby.

Coventry City has released a statement saying that while they cannot divulge the content of today's crunch meeting, the club "welcomed the opportunity for the parties involved in the current impasse to come together to discuss the future of the football club in the city".

Sisu open letter

SISU as an investment manager typically does not make press comments. We are breaking with that tradition, however, because we think it essential that we explain to the fans the status of CCFC. We have prepared the attached summary and background note that sets out how the current situation has evolved at CCFC.

SISU is committed to a successful football club: despite the many reports to the contrary, we want (and have always wanted) to provide CCFC with:

• a stadium it can call home

• access to all the revenues it can generate (like any other professional football club)

• control of the costs it incurs

• a stable base from which to challenge up the leagues.

Read it in full below:

Read More

CCFC statement

The statement released this evening (March 14) reads: "Coventry City Football Club attended today’s meeting in Westminster, and welcomed the opportunity for the parties involved in the current impasse to come together to discuss the future of the football club in the city.

"At the start of the meeting today, it was agreed that no party would publicly comment on what was discussed in the meeting.

"As stated previously, we maintain that face-to-face talks between key figures in all parties would be the only way to find a solution.

"We would like to thank those who took the time to attend the meeting today. We hope that an agreement can be found that will provide the best solution to all parties, that being Coventry City playing home games at the Ricoh Arena next season."